🚨BREAKING: Google and Microsoft stocks move in OPPOSITE directions after both post RECORD revenue. Google GOOGL plunged over 7% after hours, despite record revenue of $127.6 BILLION. Microsoft MSFT jumped as much as 6% after record revenue of $92.3 BILLION. Google Cloud revenue more than doubled to $30.7 BILLION, but profit missed estimates. Google also spent $51.4 BILLION on capex in just 3 months. Microsoft revealed quarterly Azure revenue for the first time, at $33.2 BILLION, up 48%. Its commercial backlog hit $677 BILLION, up 73%. Combined, the two tech giants brought in nearly $220 BILLION in just 3 months.